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Equinix price target raised to $1,075 from $950 at Morgan Stanley

Morgan Stanley raised the firm’s price target on Equinix (EQIX) to $1,075 from $950 and keeps an Overweight rating on the shares. Equinix raised 2026 revenue and AFFO growth guidance, with stronger recurring revenue growth in Q4 driven by record gross bookings, the analyst tells investors in a research note.

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